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Apr 23, 2015

Microsoft profit, revenue beats Wall Street view; shares up

By Bill Rigby

(Reuters) – Microsoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company’s core Windows business.

Shares rose 3.1 percent to $44.70 in after-hours trading.

“The company beat across the board,” said FBR Capital markets analyst Daniel Ives. “The Street will cheer these results as it appears Microsoft is back on the right track after a head-scratching performance last quarter.”

Apr 23, 2015

Apple Watch goes on sale worldwide amid supply shortage

SAN FRANCISCO, April 23 (Reuters) – The Apple Watch goes on
sale around the world on Friday, the final stage of a protracted
launch of Apple Inc Chief Executive Tim Cook’s first
new product, capping months of publicity and a frenetic two
weeks of pre-orders.

Buyers can take the smart watch home from a handful of
upscale boutiques and department stores, such as The Corner in
Berlin, Maxfield in Los Angeles and Dover Street Market in Tokyo
and London, which Apple courted to help position the watch as a
fashion item.

Apr 21, 2015

Yahoo’s profit, revenue miss Street forecasts as costs rise

By Bill Rigby and Lehar Maan

(Reuters) – Yahoo Inc missed Wall Street’s revenue and profit forecasts as slight growth in its online advertising businesses was outweighed by higher payments to websites which send readers to Yahoo.

The company’s shares fell about 1 percent at $44.09 in extended trading. Yahoo Chief Executive Marissa Mayer has revamped products and acquired a string of companies in the past two years, without reviving revenue growth.

Apr 21, 2015

U.S. Homeland Security to set up cyber security office in Silicon Valley

SAN FRANCISCO (Reuters) – The U.S. Department of Homeland Security is in the final stages of planning to set up a satellite office in California’s Silicon Valley, aiming to build relationships with the technology industry and scout for talent there, the department’s secretary said on Tuesday.

The move would be unprecedented and signals the intent of government to smoothe relationships with tech companies in the wake of damaging revelations over digital surveillance by former National Security Agency contractor Edward Snowden.

Apr 16, 2015

Microsoft quietly content as EU moves on Google

SAN FRANCISCO (Reuters) – Microsoft Corp emanated an air of quiet satisfaction on Wednesday as European antitrust regulators readied charges against rival Google Inc for abusing its monopoly power in the online search business.

The software giant, one of the leading complainants against Google in the EU, has been pushing for closer regulatory scrutiny on its online rival for years both in public and behind the scenes.

Apr 15, 2015

Exclusive – Six percent of U.S. adults plan to buy Apple Watch – Reuters poll

SAN FRANCISCO (Reuters) – About 6 percent of U.S. adults plan to buy Apple Inc’s (AAPL.O: Quote, Profile, Research) smartwatch according to a Reuters/Ipsos poll, with men twice as likely as women to purchase Apple boss Tim Cook’s first new major product.

The poll showed the watch, marketed by Apple as a high-fashion item as well as a new frontier in technology, appealed to fewer than 4 percent of women compared with 9 percent of men.

Apr 15, 2015

Exclusive: Six percent of U.S. adults plan to buy Apple Watch – Reuters/Ipsos poll

SAN FRANCISCO (Reuters) – About 6 percent of U.S. adults plan to buy Apple Inc’s smartwatch according to a Reuters/Ipsos poll, with men twice as likely as women to purchase Apple boss Tim Cook’s first new major product.

The poll showed the watch, marketed by Apple as a high-fashion item as well as a new frontier in technology, appealed to fewer than 4 percent of women compared with 9 percent of men.

Apr 13, 2015

IBM launches new health unit, teams up with Apple, J&J, Medtronic

SEATTLE, April 13 (Reuters) – International Business
Machines Corp, deepening its partnership with Apple Inc
to make use of health information gathered by millions
of Apple devices, is creating a unit dedicated to providing
data analytics to the healthcare sector.

Its new Watson Health unit plans to aggregate health
information from a large number of devices and providers in the
cloud and offer insights to health companies such as Johnson &
Johnson and Medtronic, which can then integrate
results into services they sell to healthcare companies.

Apr 13, 2015

Security researchers claim new Windows security weakness

SEATTLE (Reuters) – Computer security researchers said they have uncovered a new variation on an old weakness in Microsoft Corp’s Windows operating system that could theoretically allow hackers to steal login credentials from hundreds of millions of PCs.

The vulnerability, named ‘Redirect to SMB’ by security firm Cylance, is similar to one found in the late 1990s that took advantage of a weakness in Windows and Microsoft’s Internet Explorer browser which made it possible for attackers to trick Windows into signing on to a server controlled by hackers.

Apr 2, 2015

IBM uncovers new, sophisticated bank transfer cyber scam

SEATTLE (Reuters) – IBM has uncovered a sophisticated fraud scheme run by a well- funded Eastern European gang of cyber criminals that uses a combination of phishing, malware and phone calls that the technology company says has netted more than $1 million from large and medium-sized U.S. companies.

The scheme, which IBM security researchers have dubbed “The Dyre Wolf,” is small in comparison with more recent widespread online fraud schemes but represents a new level of sophistication.

    • About Bill

      "Bill Rigby is Reuters' chief correspondent in Seattle, reporting on Microsoft and Boeing and overseeing coverage of general news in Washington state, Oregon and Alaska. He has been a Reuters journalist since 1998, reporting on banks, insurers, stock markets, defense companies and airlines from Reuters bureaux in London, New York and Seattle."
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